Ex-Fortress and Morgan Stanley heavyweight joins hedge fund startup

A former president at alternatives giant Fortress Investment Group and one-time head of Morgan Stanley's investment arm, has taken up an advisory role at a London-based hedge fund.

Stuart Bohart has joined Albert Bridge Capital as an advisor, according to the firm's website.

Bohart has held a number of roles in the investment industry, most recently serving as President of liquid markets and co-chief Investment officer of Partners Funds at Fortress, until his departure in the Summer of 2015.

Fortress is one of the largest alternative investment managers in the world, managing about $70.6 billion of assets for institutional and private investors across a range of strategies.

Prior to Fortress, Bohart was co-head of Morgan Stanley Investment Management, a job that gave him oversight of more than $400 billion in retail and institutional money, according to his profile on Albert Bridge's website.

Albert Bridge was set up by Andrew Dickson, a former partner at Perella Weinberg Partners - the firm received authorisation from the UK's Financial Conduct Authority in March 2015.

It employs a team of seven, including Dickson, as well as two advisors: Bohart and David Grant, a former analyst at Fidelity Investments.

According to a Reuters report in December, which cited people familiar with the matter, Albert Bridge launched with a $100 million fund that could eventually close at $750 million.